On a per-share basis, the Jacksonville, Florida-based company said it had net income of 35 cents. Earnings, adjusted for non-recurring costs, were 42 cents per share. The provider of title insurance and ...

Background: Bill Foley, Chairman and CEO, was born in Austin, Texas in 1944 to a family of ranchers and a father in the U.S. Air Force. In 1984 Bill joined Fidelity National Financial, ultimately turning it into one of the largest title insurance companies in the country. Through this entity, currently as Chairman, Bill has proven himself a masterful capital allocator--utilizing the cash flows to buy other entities, including Cannae businesses T-System, Ceridian, O’Charley’s and many others.

Specialist investment advisory firm Advisory Ltd said on Tuesday it had hired Nick Winder as sales director and Lexi Diggins as marketing manager. Winder most recently served at Columbia Threadneedle as ...

Houston-based Stewart Information Services Corp. (STC), a real estate services company, will be acquired by Jacksonville, Florida-based Fidelity National Financial Inc. (FNF) in a $1.2 billion deal, the companies announced March 19. “Last year, our board initiated a review of strategic alternatives for the company, and after an extensive process, we determined that capitalizing on the Fidelity platform will best enable us to support the Stewart brand and continue providing the service our customers have come to expect,” Thomas Apel, Stewart’s chairman of the board, said in Stewart's March 19 press release . The deal is expected to close by the first or second quarter of 2019 and includes the assumption of $109 million of Stewart debt, according to Fidelity's press release .

Financial services provider Fidelity National Financial Inc said on Monday it would buy insurer Stewart Information Services Corp in a $1.2 billion deal to strengthen its residential and commercial title insurance business. Fidelity's offer of $50 per share represents a 23 percent premium to Stewart's closing stock price on March 16. Stewart Information's shares were up nearly 15 percent at $46.70 in premarket trading, while those of Fidelity national were up 3.3 percent.

Shares of Stewart Information Services Corp. soared 18% in premarket trade Monday, after the real estate services company agreed to be acquired by Fidelity National Financial Inc. in a cash and stock deal ...

On a per-share basis, the Jacksonville, Florida-based company said it had a loss of 7 cents. The provider of title insurance, mortgage and other services posted revenue of $317.4 million in the period. ...

This could indicate that investors who seek to profit from falling equity prices are not currently targeting FNF. Over the last one-month, outflows of investor capital in ETFs holding FNF totaled $310 million.

The Jacksonville, Florida-based company said it had profit of 88 cents per share. Earnings, adjusted for pretax gains, came to 60 cents per share. The provider of title insurance and mortgage services ...

Fidelity National Financial Inc (NYSE:FNF) outperformed the Property and Casualty Insurance industry on the basis of its ROE – producing a higher 12.26% relative to the peer average of 9.07%Read More...